Former President Trump will get to keep control of his social media company, even if he sells most of his shares after it goes public.
Driving the news: Digital World Acquisition Corp., the blank check company merging with Truth Social's parent, recently disclosed the creation of a new class of high-vote stock of which Trump will be the only holder.
The book market is beginning to show cracks under new pressures from generative AI as the technology cuts a swath across creative industries.
What's happening:AI-generated pseudo-books are spamming Amazon and other online bookstores, sometimes borrowing real authors' names to squat on their virtual real estate. Meanwhile, the use of books in the training of AI firms' large language models remains hotly contested, as authors seek to prevent unauthorized, uncompensated use of their work.
Eric Braverman is leaving as CEO of Schmidt Futures, the philanthropic initiative co-founded by Eric and Wendy Schmidt, to pursue his own charitable venture.
Why it matters: Schmidt Futures — with the mission of mobilizing talent and building platforms for science and society — is one of the top thought leaders on machine learning and other cutting-edge topics.
OpenAI, the makers of ChatGPT, say their engine can do the work of human content moderators with much of the accuracy, more consistency and without the emotional toll that people face when forced to view violent and abusive content for hours.
Why it matters: This is the latest example of tech companies touting AI as the key to tackling problems created — or exacerbated — by AI.
A rapid expansion of AI skills is underway — as tens of millions of workers race to meet demand from employers.
Why it matters: With millions of jobs at risk — and potentially more to be created — as a result of AI, the ability to acquire new AI-related skills is set to affect individual careers and the economic trajectory of whole nations.
As teachers head back to the classroom for their first full year of post-ChatGPT reality, a new course aims to help them better understand the opportunities and challenges presented by generative AI.
Why it matters: Many teachers have deep interest in the technology that affects them and their students,but they often lack easy and accessible resources to stay up to speed with the evolving tools.
X, the company formerly known as Twitter, will no longer allow advertisers to promote their accounts within the platform's timeline to attract new followers, according to an email to advertising clients obtained by Axios.
Why it matters: Promoted accounts — or "Follower Objective" ads — generate more than $100 million annually in global revenue for X, a source familiar with the company's business told Axios.
Before electric air taxis are whisking passengers over congested cities, they'll likely be ferrying personnel and supplies for military missions.
Why it matters: As the first entity to deploy electric vertical takeoff and landing aircraft (eVTOLs), the U.S. Air Force is acting as an important bridge to the commercial market for a handful of startups, including Archer Aviation and Joby Aviation.